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Principal Business Analyst

Our Mission

Our mission is to SAVE AND IMPROVE LIVES BY EMPOWERING HEALTHCARE CONSUMERS. Come be part of remarkable.

Overview

How you can make a difference  

 

The Sr Business Analyst for the Card product is responsible for gathering business information and mold it into actionable decisions for the Card product team. This role interprets information to then be translated into detailed business requirements or leveraged for process improvements. The Sr Business Analyst will report to GM, Card Product.  This is a direct-hire, remote position within HealthEquity

 

What you’ll be doing 

  • Work closely with Product Managers and Product Owners to ensure successful definition and delivery of new or enhanced product features
  • Meet with Product Owners and stakeholders to elicit requirements and document processes
  • Assist with development and execution of test plans
  • Support the entire software development lifecycle
  • Document product capabilities and serve as a product subject matter expert
  • Assess the impact of bugs and perform gap analysis
  • Triage and support production bug intake within product area
  • Develop product recommendations based on data analysis
  • Keep team members informed of items that impact their day to day duties
  • Participate in SCRUM team cadence meetings and clear team blockers 

 

What you will need to be successful

  • Knowledge of creation of software products or a closely related field as normally obtained through the completion of a High School Diploma / Bachelor’s Degree in mathematics, statistics, finance, accounting, or economics majors, and/or equivalent work experience
  • 5+ years work experience in business requirements analysis with specific experience in data searching. Experience should include flow modeling, Stakeholder knowledge extraction and sharing. Experience in SQL Queries and process flow is preferred. Formal writing experience is highly desired
  • Knowledge of agile and SAFE is also required
  • Excellent technical skills and proficiency as well as an innate commitment to service excellence in combination with extraordinary people skills
  • Proven ability to advance an operational unit’s strategic direction through identification of risk/opportunity and contributing to the corresponding mitigation/solution
  • Highly adaptable, with the ability to rapidly assimilate new information and self-direct in the identification of team, system, and project implications
  • Strong analytical and problem-solving skills with a critical eye for detail
  • An understanding of healthcare financial accounts (HSA, HRA, and FSA) and healthcare insurance, with a focus on Cards is highly desirable
  • Experience gathering and documenting business requirements
  • Experience creating and/or executing user acceptance test plans
  • Ability to identify product implications of process and technology changes
  • Excellent written and verbal communication skills with the ability to consult with users and understand, assess, and present their needs
  • Well organized and able to balance multiple simultaneous assignments
  • A strong customer service orientation is essential
  • Demonstrated ability to adapt to the changing demands of business is a must

 

#LI-Remote

This is a remote position.

Salary Range

$104500.00 To $167500.00 / year

Benefits & Perks

The compensation range describes the typical minimum or maximum base pay range for this position. The actual compensation offer is determined based on job-related knowledge, education, skills, experience, and work location. This position will be eligible for performance-based incentives and restricted stock units as part of the total compensation package, in addition to a full range in addition to a full range of benefits including:

  • Medical, dental, and vision
  • HSA contribution and match
  • Dependent care FSA match
  • Uncapped paid time off
  • Adventure accounts
  • Paid parental leave
  • 401(k) match
  • Personal and healthcare financial literacy programs
  • Ongoing education & tuition assistance
  • Gym and fitness reimbursement
  • Wellness program incentives

Why work with HealthEquity 

Why work with HealthEquity 

HealthEquity has a vision that by 2030 we will make HSAs as wide-spread and popular as retirement accounts. We are passionate about providing a solution that allows American families to connect health and wealth. Join us and discover a work experience where the person is valued more than the position. Click here to learn more. 

 

You belong at HealthEquity!

HealthEquity, Inc. is an equal opportunity employer, and we are committed to being an employer where no matter your background or identity – you feel welcome and included. We ensure equal opportunity for all applicants and employees without regard to race, age, color, religion, sex, sexual orientation, gender identity, national origin, status as a qualified individual with a disability, veteran status, or other legally protected characteristics. HealthEquity is a drug-free workplace. For more information about our EEO policy, or about HealthEquity’s applicant disability accommodation, drug-free-workplace, background check, and E-Verify policies, please visit our Careers page.

 

HealthEquity uses Microsoft Copilot to transcribe screening interviews between candidates and their direct Talent Partner for note taking and interview summaries. By scheduling a screening interview with us, you consent to Microsoft Copilot’s AI technology recording and transcribing your interview with your Talent Partner. This information will be reviewed for accuracy and then used by HealthEquity to summarize the interview, ensure accuracy, and facilitate our hiring process. We take privacy seriously. You have the option to opt out. If you wish to opt out of this Microsoft Copilot transcription, please notify your Talent Partner in advance of the interview. If we do not receive an opt-out request from you, we will assume that you consent to the use of Microsoft Copilot.

 

HealthEquity is committed to your privacy as an applicant for employment.  For information on our privacy policies and practices, please visit HealthEquity Privacy.

Average salary estimate

$136000 / YEARLY (est.)
min
max
$104500K
$167500K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Principal Business Analyst, HealthEquity Inc.

Join HealthEquity as a Principal Business Analyst and be part of our mission to save and improve lives by empowering healthcare consumers! In this remote role, you'll play a crucial part in our Card product team, collaborating closely with Product Managers and Product Owners to define and deliver engaging product features. As a Principal Business Analyst, your knack for gathering business information will help turn insights into actionable decisions. Expect to document processes meticulously, participate in SCRUM team meetings, and support the software development lifecycle. Whether it’s assessing the impact of bugs or performing gap analyses, your role will be essential in ensuring our product meets high standards. With a background in mathematics, finance, or related fields, and 5+ years of experience in business requirements analysis, you're sure to thrive in this position! Embrace the opportunity to contribute your knowledge of agile practices, SQL query experience, and exceptional communication skills as you engage with stakeholders and document business requirements. At HealthEquity, you’ll find a supportive and vibrant culture that values you more than just your role. Join us to make a real impact in the healthcare sector today!

Frequently Asked Questions (FAQs) for Principal Business Analyst Role at HealthEquity Inc.
What are the responsibilities of a Principal Business Analyst at HealthEquity?

As a Principal Business Analyst at HealthEquity, your primary responsibilities will include gathering and analyzing business information for the Card product, documenting processes, and collaborating closely with Product Managers and Owners. You'll assess bug impacts, support the software development lifecycle, and develop product recommendations based on insightful data analysis.

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What qualifications do I need for the Principal Business Analyst position at HealthEquity?

To qualify for the Principal Business Analyst role at HealthEquity, you should have a High School Diploma or Bachelor's degree in mathematics, finance, or a related field, alongside 5+ years of relevant work experience. Familiarity with SQL queries and agile methodologies, as well as strong analytical and communication skills, are necessary to excel in this position.

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How does HealthEquity ensure workplace inclusion for Principal Business Analysts?

HealthEquity is committed to inclusivity and equal opportunity for all employees, including Principal Business Analysts. The company embraces diversity and ensures that applicants and employees are treated without discrimination, providing an environment where everyone feels welcome and valued.

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What benefits can a Principal Business Analyst expect at HealthEquity?

As a Principal Business Analyst at HealthEquity, you'll enjoy a comprehensive benefits package that includes medical, dental, and vision coverage, a generous HSA contribution, uncapped paid time off, and ongoing education support. Additionally, you'll have access to perks like gym reimbursements and paid parental leave.

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Can you explain the team culture for a Principal Business Analyst at HealthEquity?

The team culture at HealthEquity is collaborative and dynamic, where Principal Business Analysts engage in regular SCRUM meetings, support each other in overcoming challenges, and openly share insights to drive product success. The focus on valuing the individual over roles fosters an inclusive and engaging environment.

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Common Interview Questions for Principal Business Analyst
Can you describe your experience with business requirements analysis?

When answering this question, highlight specific projects where you gathered requirements, provided documentation, and collaborated with team members. Mention any methodologies you've employed, like Agile, and demonstrate your analytical skills in interpreting data for actionable insights.

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How do you prioritize tasks when managing multiple assignments?

Discuss your strategies for prioritization, such as using tools or frameworks to assess urgency and importance. Provide examples from past experiences where you've successfully managed competing deadlines, emphasizing your organizational skills and ability to adapt.

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What is your approach to stakeholder communication?

Outline your strategies for effective stakeholder communication by emphasizing the importance of understanding their needs and maintaining transparency. Share examples where you've successfully gathered feedback and built relationships that foster collaboration.

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How do you handle requirements that conflict among stakeholders?

Explain your conflict resolution skills by illustrating a scenario where you balanced competing stakeholder needs. Emphasize your ability to facilitate discussions, gather additional input, and arrive at a solution that aligns with business goals.

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Can you provide examples of successful product enhancements you've contributed to?

Tailor your response with concrete examples of product enhancements you worked on, focusing on the analysis and documentation process. Highlight the positive outcomes of these enhancements, supported by user feedback or metrics.

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How do you assess the impact of changes on product functionality?

Discuss your assessment techniques, such as conducting impact analyses, gathering team feedback, and anticipating user needs. Point out how you've previously identified potential issues and proposed solutions to maintain functionality.

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Describe a time you identified a gap in a business process. What was your approach?

Share a specific example of a gap you identified, focusing on how you analyzed the process, documented the findings, and collaborated with teams to implement solutions. Emphasize your role in driving improvements and ensuring successful adoption of the new process.

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What tools do you use for modeling and documenting business processes?

Mention specific tools you’re familiar with, such as flowchart software or project management tools. Discuss how these tools have helped you streamline documentation processes and enhance visual representation of business flows.

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How do you keep up with trends in healthcare finance and technologies?

Discuss your professional development strategies, such as attending webinars, engaging in networking with industry professionals, or contributing to forums. Show your commitment to staying informed about trends that can impact your role as a Principal Business Analyst.

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What do you think are the key metrics to track for product performance in a company like HealthEquity?

Talk about important metrics like user engagement, conversion rates, or customer feedback, and explain why these are significant in assessing product performance. Share how tracking these metrics has informed decisions in your previous roles.

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Connecting health and wealth. As the retirement savings gap is widening and healthcare costs keep climbing, we recognize that connected problems require connected solutions. That's why our mission is to connect health and wealth. By bringing tog...

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Full-time, remote
DATE POSTED
April 11, 2025

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